U.S. consumer credit fell by $0.188B in May, compared with the consensus expecting a $17.5B increase and a $20.82B increase in April (revised from $20.73B), according to data released by the Federal Reserve on Wednesday.
The high school football season is more than a month away, but fans seeking an early preview of teams with top quarterbacks, top receivers and top defensive backs have come to appreciate the annual Edison Battle at the Beach seven-on-seven passing tournament that is taking place on Saturday.
It’s the unofficial kickoff to teams getting serious because so many quality teams compete from 9 a.m. through the early afternoon in Huntington Beach, with food, music and lots of banter among parents. You know how much players like to rise up against players with better “star” rankings than them, and this is the tournament to see it play out.
It’s not about wins and losses — it’s about players testing themselves against great competition. This tournament has built credibility by showcasing teams competing at a high level, then shaking hands afterward.
Schedule for Edison passing tournament on July 11. My official start to high school football season. It’s that entertaining. pic.twitter.com/RsoSfcoCCy
Mission Viejo has won the last two tournaments at Edison, but the Diablos are spending the summer trying to figure out who will start at quarterback. Sophomore Brett Burnor and senior Nash McElree, a transfer from Texas, are competing. Could coach Chad Johnson really alternate quarterbacks like he did two years ago with Luke Fahey and Drai Trudeau?
“You never know,” he said.
The Trinity League is represented by St. John Bosco, Santa Margarita, Orange Lutheran, JSerra and Servite. Corona Centennial and its new quarterback, Jaden Jefferson, a transfer from L.A. Cathedral, is entered, along with San Diego’s likely No. 1 team, Cathedral Catholic, which boasts the No. 1 player in the state in USC commit Honor Fa’alave-Johnson. His appearance alone should attract plenty of Trojans fans, particularly for the 10:30 a.m. game against the likely No. 1 team in California, St. John Bosco.
Palos Verdes has four-year starter Ryan Rakowski at quarterback and standout defensive back Jalen Flowers. Rancho Cucamonga gets to show off many of its top skill-position players.
One interesting trend is that this tournament will feature some very good tight ends, a position that has become increasingly important in college football and the NFL but not so much in high school football in the era of spread offenses.
Mission Viejo’s Johnson said he has three tight ends with college offers, another rarity. He could join the Rams with his three-tight-end formation. He intends to use them against defenses that use odd-number fronts this fall. One of his most improved players is tight end Luke Karby, a Duke commit. Another is Arizona commit Max Markofski, who is 6 feet 4 and 228 pounds. Santa Margarita has tight end Luke Gazzaniga, a Kansas commit. Jaylin Smalls of Rancho Cucamonga is 6-4, 230 pounds and moving up recruiting boards.
July 11. Hayden Koo of Tustin vs. Bosco defensive backs at Edison. Bring the cameras. Let’s see who wins the battle. https://t.co/hthFjAJYgZ
This is the first opportunity for early clues as to how first-year coaches are doing at JSerra, Los Alamitos, Servite, Orange Lutheran, Long Beach Poly and Oaks Christian.
One of the always-interesting scenes is Edison coach Jeff Grady refusing to take the easy road when making the bracket, so he scheduled his team to open up against St. John Bosco at 9 a.m., perhaps hoping the Braves show up a little sleepy. Running back Maliq Allen has returned to the Braves after spending the spring at Inglewood.
Ocean View also is hosting a 32-team passing tournament in Huntington Beach on Saturday. San Clemente, San Juan Hills, Huntington Beach, Downey and Carson are the teams to watch.
Fearsome duo
Long Beach Poly might have the most decorated cornerback duo in JuJu Johnson, a UCLA commit, and Donte Wright, a Miami commit. Just watching them cover receivers on Saturday at Edison should be a highlight in itself. Johnson was injured last season, but few have raised their profile in the offseason more than him.
Poly is in Pool C and the duo gets to take on receivers from Capistrano Valley, San Diego Lincoln, Servite and Santa Margarita.
King/Drew fearing no one
King/Drew players participating in the Simi Valley tournament.
(Eric Sondheimer / Los Angeles Times)
This has been a fruitful summer for King/Drew of the City Section. The Golden Eagles have been driving around willing to play seven-on-seven against top Southern Section opponents, including visits to West Hills and Simi Valley.
It’s the same strategy Carson and Birmingham have taken to prepare for City Section play during the regular season. If you can compete with Southern Section teams, then you’ll do just fine against City Section opponents.
Makeo Smith, a 6-4, 265-pound sophomore lineman, figures to receive lots of attention after contributing as a freshman.
Australia’s annual consumer price inflation slowed more sharply than anticipated in April, cooling to 4.2% from March’s 4.6% print and beating market expectations for a milder drop to 4.4%.
According to data released by the Australian Bureau of Statistics, the headline
May 25 (UPI) — Secretary of State Marco Rubio tamped down expectations Monday for progress toward reopening the Strait of Hormuz after signaling a day earlier that he might have “good news” within hours.
Speaking to reporters at India’s Palam Air Base in New Delhi on Monday, the United States’ top diplomat said an agreement was “still a work in progress.”
“We thought we might have some news last night, maybe today,” he said, adding the holdup is that it takes time to hear back from the Iranians.
“I’m very confident — we should all be very confident — that we’re either going to have a good agreement or we’re going to have to deal with it another way. We’d prefer to have a good agreement.”
The United States is seeking to have Iran restore shipping traffic through the Strait of Hormuz before negotiations enter a subsequent phase focused on Iran’s nuclear program.
Rubio said what is on the table for opening the strait is “pretty solid,” but there is “a very real, significant time limit” to negotiations on the nuclear issue.
“Hopefully, we can pull it off,” he said.
Rubio is in India until Tuesday to discuss energy security, trade and defense cooperation with senior Indian officials. Meanwhile, U.S.-Iran negotiations have been ongoing through Pakistani and Qatari mediators.
After reporters that negotiations were edging toward completion, an Iranian Foreign Ministry spokesperson later Monday said that talks were focused on ending the war, with no discussions yet on its nuclear enrichment program, the semi-official Tasnim news agency reported.
The spokesperson also voiced skepticism over U.S. reliability, stating there is no guarantee Washington will hold up its end of the agreement once one is reached.
Speaking alongside Indian External Affairs Minister Subrahmanyam Jaishankar at a joint press conference on Sunday, Rubio said that he believed more news about the agreement would come from President Donald Trump.
“But I do think perhaps there is the possibility that over the next few hours the world will get some good news, at least with regards to the straits,” he said.
The on-again, off-again negotiations have been conducted amid a fragile cease-fire called in April in the war that began in late February.
Trump has sought a new agreement to prevent Iran from securing a nuclear weapon since 2018, when during his first administration he unilaterally withdrew the United States from a landmark Obama-era multinational nuclear accord called the Joint Comprehensive Plan of Action.
Calling it “defective at its core,” Trump has criticized several aspects of the JCPOA, including its sunset provisions easing restrictions on Iran’s nuclear program.
Critics have rebutted his accusations, saying that not all aspects of the JCPOA were to expire and that the expiring provisions afforded time were intended to afford time for further diplomacy.